SCHOLASTIC CORP — Director's Dealing 2022

Aug 15, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SCHOLASTIC CORP (SCHL)
CIK: 0000866729
Period of Report: 2022-08-11

Reporting Person: Quinton Sasha (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-08-11	Common Stock	S	50	$47.228	Disposed	31307	Direct
2022-08-11	Common Stock	M	2232	$26.51	Acquired	33539	Direct
2022-08-11	Common Stock	S	2232	$47.208	Disposed	31307	Direct
2022-08-11	Common Stock	M	317	$20.63	Acquired	31624	Direct
2022-08-11	Common Stock	S	317	$47.222	Disposed	31307	Direct
2022-08-12	Common Stock	S	4252	$47.207	Disposed	27055	Direct
2022-08-12	Common Stock	M	2437	$26.51	Acquired	29492	Direct
2022-08-12	Common Stock	S	2437	$47.208	Disposed	27055	Direct
2022-08-12	Common Stock	M	2045	$20.63	Acquired	29100	Direct
2022-08-12	Common Stock	S	2045	$47.201	Disposed	27055	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-08-11	Employee stock options	$26.51	M	2232	Disposed	2030-03-17	Common Stock (2232)	Direct
2022-08-11	Employee stock options	$20.63	M	317	Disposed	2027-09-22	Common Stock (317)	Direct
2022-08-12	Employee stock options	$26.51	M	2437	Disposed	2030-03-17	Common Stock (2437)	Direct
2022-08-12	Common Stock	$20.63	M	2045	Disposed	2027-09-22	Common Stock (2045)	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.22-47.24 inclusive. The reporting person undertakes to provide to Scholastic Corporation, any holder of Scholastic Corporation stock or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.22-47.26 inclusive. The reporting person undertakes to provide to Scholastic Corporation, any holder of Scholastic Corporation stock or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.20-47.24 inclusive. The reporting person undertakes to provide to Scholastic Corporation, any holder of Scholastic Corporation stock or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (3) to this Form 4

F4: Employee stock options vest ratably over a three year period beginning with the first anniversary after the date of grant